[NOTICE: This document is a translation of the Japanese language original for convenience purposes only,
and in the event of any discrepancy, the Japanese language original shall prevail.]

To whom it may concern:

June 21, 2022
The Shizuoka Bank, Ltd.
Filing of Extraordinary Report

The Shizuoka Bank, Ltd. hereby announces that it filed today an extraordinary report concerning theresults of the exercise of voting rights at the 116th Annual General Meeting of Shareholders of the Shizuoka
Bank, Ltd.
1. Reason for FilingAs the following proposals were resolved at the 116th Annual General Meeting of Shareholders of theShizuoka Bank, Ltd. (the “Bank”) held on June 17, 2022, the Bank hereby files this Extraordinary Reportpursuant to the provisions of Article 24-5, Paragraph 4 of the Financial Instruments and Exchange Act andthe provisions of Article 19, Paragraph 2, Item 9-2 of the Cabinet Office Ordinance on the Disclosure ofCorporate Affairs, etc.
2. Description of Report(1) Date on which the General Meeting of Shareholders was held:
June 17, 2022
(2) Details of Proposals Resolved:
Proposal No. 1: Appropriation of Surplus
Matters concerning year-end dividends of surplus
13.50 yen per share of common stock of the Bank, for a total of 7,615,999,269 yen.
Proposal No. 2: Partial Amendments to the Articles of Incorporation
The amended provisions stipulated in the proviso to Article 1 of the supplementaryprovisions of the “Act Partially Amending the Companies Act” (Act No. 70 of 2019) will
be enforced on September 1, 2022. Accordingly, in order to prepare for the introductionof the system for electronic provision of materials for general meetings of shareholders,the Articles of Incorporation of the Bank shall be amended.
Proposal No. 3:Election of Nine(9) Directors
Election of Katsunori Nakanishi, Hisashi Shibata, Minoru Yagi, Yutaka Fukushima, Koichi
Kiyokawa, Kumi Fujisawa, Motoshige Itoh, Kazuto Tsubouchi and Kazutoshi Inano as Directors.
Proposal No. 4: Establishment of Wholly-Owning Parent Company Through Share Transfer
The Bank shall establish incorporation of Shizuoka Financial Group, Inc. as the Bank’s
wholly-owning parent company by means of the Bank’s sole-share transfer effective asof October 3, 2022 (estimate) .

―1―(3) The number of voting rights either approving, disapproving or abstaining on proposals resolved;
requirements for the approval of the resolutions and their results
Proposals

Approving Disapproving(Number of(Number ofvoting rights) voting rights)

Abstaining(Number ofabstaining)

Approval ratio

Voting results

Proposal No. 1

4,750,454

2,523

916

99.3%

Approved

Proposal No. 2

4,750,565

2,412

916

99.3%

Approved

Katsunori Nakanishi

4,366,499

386,437

960

91.3%

Approved

Hisashi Shibata

4,404,936

348,001

960

92.1%

Approved

Minoru Yagi

4,688,202

64,784916

98.0%

Approved

Yutaka Fukushima4,707,871

45,115916

98.4%

Approved

Koichi Kiyokawa

4,707,910

45,076916

98.4%

Approved

Kumi Fujisawa

4,720,279

32,705916

98.7%

Approved

Motoshige Itoh

4,588,564

164,420

916

95.9%

Approved

Kazuto Tsubouchi

4,736,528

16,458916

99.0%

Approved

Kazutoshi Inano

4,723,490

29,491916

98.7%

Approved

4,749,345

3,522

916

99.3%

Approved

Proposal No. 3

Proposal No. 4(Notes) The conditions for approval for each proposal are as stated below.
1. Proposal No. 1 requires approval by a majority of voting rights of the shareholders in attendance.
2. Proposal No. 2 and No.4 require the attendance of shareholders holding one-third of voting rights
owned by shareholders eligible to exercise voting rights and approval by two-thirds of voting rights heldby the shareholders in attendance.
3. Proposal No.3 requires the attendance of shareholders holding one-third of voting rights owned byshareholders eligible to exercise voting rights and approval by a majority of voting rights held by theshareholders in attendance.
(4) The reason that a portion of the number of voting rights held by the shareholders in attendance at theGeneral Meeting of Shareholders was not included in the number of voting rights
Resolutions of all the proposals have been legitimately reached in accordance with the Companies Act,as the requirements for approval have been met based on the number of votes confirmed to beapproving or disapproving by counting the voting rights exercised up to the day before this General
Meeting of Shareholders and those of shareholders in attendance. Therefore, voting rights of theshareholders in attendance for which confirmation is lacking as to whether they are approving,
disapproving or abstaining are not included in the count.
End―2―